Waze
Stage
Acquired | AcquiredTotal Raised
$67MValuation
$0000Revenue
$0000About Waze
WAZE is a network of drivers that creates and shares dynamic, driver-generated live maps and traffic information. By simply driving around with a WAZE-enabled smartphone, drivers automatically contribute to and benefit from real time driving statistics. Together they create the only relevant reflection of traffic status and road availability in any place, at any moment. The resulting WAZE knowledge is shared for free with live driving instruction via the user's mobile, and available to all on the community-based website. With WAZE, drivers know how to detour traffic jams and local shortcuts to get to their daily destinations without delays caused by car accidents, road works, speed cams and other surprises along the way. In June 2013, Waze was acquired by Google. The valuation of Waze was reported initially as $1.1 billion but in Google's 10-Q it was reported be $966 million with with $847 million attributed to goodwill and $188 million attributed to intangible assets minus the $69 million in other net liabilities assumed from Waze's books.
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Research containing Waze
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Waze in 1 CB Insights research brief, most recently on Feb 24, 2021.
Feb 24, 2021
Visualizing Tech Giants’ Billion-Dollar AcquisitionsExpert Collections containing Waze
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Waze is included in 1 Expert Collection, including Smart Cities.
Smart Cities
2,087 items
Waze Patents
Waze has filed 5 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/16/2014 | 3/1/2016 | Global Positioning System, Road traffic management, Intelligent transportation systems, Road infrastructure, Automotive navigation systems | Grant |
Application Date | 5/16/2014 |
|---|---|
Grant Date | 3/1/2016 |
Title | |
Related Topics | Global Positioning System, Road traffic management, Intelligent transportation systems, Road infrastructure, Automotive navigation systems |
Status | Grant |
Latest Waze News
Jun 1, 2023
Sit alongside the tennis legend as he becomes your doubles partner behind the wheel Mexico City, May 31, 2023. Tennis champion Roger Federer has many titles, but what is his latest achievement? Accompany you on the road. Starting today, drivers in Mexico who use Waze will be able to be guided to their destination by the voice of Roger Federer. Are you ready to get behind the wheel with the 20-time Grand Slam champion? By choosing Roger Federer’s driving experience, you don’t just ride with the legend, you become part of his team. As his doubles partner (in the car), you will take the wheel and he will guide you along the route. The Roger Federer experience would not be complete without customizing your vehicle and Waze Mood (how drivers appear on the Waze map). Choose Roger’s custom mood: Victorious, to show your champion mentality and between the two cars inspired by Federer’s garage in real life. Directions are available in French, English and German. Available worldwide until June 21, you can access this driving experience by visiting Settings > Voice and sound > Waze voice. 2023-05-31 20:56:17
Waze Frequently Asked Questions (FAQ)
Where is Waze's headquarters?
Waze's headquarters is located at 1505 Salado Dr, Mountain View.
What is Waze's latest funding round?
Waze's latest funding round is Acquired.
How much did Waze raise?
Waze raised a total of $67M.
Who are the investors of Waze?
Investors of Waze include Google, Horizons Ventures, Kleiner Perkins Caufield & Byers, BlueRun Ventures, Vertex Ventures Israel and 4 more.
Who are Waze's competitors?
Competitors of Waze include Miovision and 3 more.
Compare Waze to Competitors
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CITYDATA offers a digital platform that specializes in data application programming interfaces (APIs), big data, artificial intelligence (AI), and visualization services. It provids geospatial intelligence for smarter cities and real-world businesses by analyzing their data on a daily basis to understand anonymized people-movement and correlations with COVID-19 patterns. The company was founded in 2020 and is based in San Francisco, California.
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RoadMetrics offers software to monitor road conditions in real-time and navigates users to the most time-saving and safe route possible. The company offers solutions such as RoadMetrics Data Collection and a Web-based Gis Platform. RoadMetrics Is active in the Infrastructure and Government industries. The company was founded in 2019 and is based in London, England.
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